Auction Property: ANDERSON JOHN W & RHUNETTE
Owner's Name: ANDERSON JOHN W & RHUNETTE
Location: 1017 MONTGOMERY LN
Amount Owed: $997
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.38
Decision: 🚩 Do Not Buy
Market Value: $74,388
Current Price: $165,100
Cost to Build: $216,360.00
10yr Cashflows: $141,516.64
Suggested Bid: $14,151.66 - $70,758.32
Cap Rate: 12.06%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 34% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 6% |
| acquisitionVsMarketValue: | 🚩 Poor -610% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.22 💹 Current Price: $165,100.00 💸 Zestimate Price: $165,100.00 💸 Tax Assessed Value: $62,400.00 💸 Average Nearby Price: $74,387.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $762.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $693.00 💸 Total Annual Cost: $1,455.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,780.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.50 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 14844 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1997 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1803 🏠 |